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Svetradugi [14.3K]
3 years ago
9

What are the basic things to have when starting a business

Business
1 answer:
Scilla [17]3 years ago
7 0

Answer:

money and a plan

Explanation:

for a basic business you need money to get started and a plan for what your doing

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Jeremiah flies an airplane for 2.7 hours at an average speed of 304.6 miles per hour. How far did Jeremiah fly?
Ilya [14]
Answer is 822.42. gangs
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3 years ago
T was insured under an individual disability income policy and was severely burned in a fire. as a result, t became totally disa
sergeinik [125]
In such a scenario the insurer should cancel or repeal the policy by T, deny the claim by the insured and recover all the payments he had made. This is because the cause of fire was not accidental but instead was caused by the insured in order to receive compensation. This is because, for a compensation or a policy to be valid it has to be accidental and not castigated by an individual in order to seek or claim compensation from the insurer.
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4 years ago
Imperfect competition is: A. a market structure with no more than one firm in the industry. B. an industry in which all firms ar
nekit [7.7K]

Answer:

The correct answer is letter "C": a market structure where firms have a degree of monopoly power.

Explanation:

No single company influence price in Perfect Competition. There is no entry or exit barrier. All firms sell the same product or service, all of them have the same industry knowledge, and there are a large number of suppliers and buyers. If any of these conditions are not present, it is imperfect competition.

Imperfect competition can be found in<em> monopolies, oligopolies, </em>and <em>monopolistic competition</em>, to name but a few.

3 0
3 years ago
Durable goods $3,000 Services 6,000 Business purchases of capital goods 400 Fixed investment 850 Exports 600 Imports 800 Nondura
ASHA 777 [7]

Answer:

$9,700

Explanation:

The computation of the consumption is shown below;

= Durable goods + Services + Non-durable goods

= $3,000 + $6,000 + $700  

= $9,700  

We simply added the durable goods, services and the non-durable goods so that the consumption could be come

Hence, the consumption is $9,700

Therefore the same is to be considered

6 0
3 years ago
Suppose an apartment complex converts to a condominium, so that the former renters are now owners of their housing units. Suppos
Lorico [155]

Answer:

GDP is likely to remain same as a result of this conversion.

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GDP is the total value of goods & services, produced by an economy, during a given year.

It can be calculated by 2 methods

  • By Expenditure method : GDP = Private Final Capital Expenditure + Govt. Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports
  • By Income method : NDP = Compensation of Employees + Operating Surplus (Rent + Profit + Income) + Mixed Income

Given case - Converting a rented apartment into a resident owned condominium , with value of housing services = rent formerly paid :

This brings no change in the GDP, as : The apartment 'rent' previously paid was included in 'operating surplus' of national income, by Income method. And, the equal condominium value is now included in investment addition i.e 'Gross domestic capital formation' , by Income method.

6 0
4 years ago
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